India hikes fuel prices as Middle East war strains supplies

India's state-run oil companies raised petrol and diesel prices by over three percent on May 15, 2026, due to disruptions in energy supplies from the Iran war. In Delhi, petrol prices increased to 97.77 rupees per litre, while diesel rose to 90.67 rupees. The government has also implemented austerity measures to curb fuel consumption and conserve foreign exchange, including work-from-home days for government offices.